Source: Kinhte.congthuong.vn
Many types of Vietnamese exported fruits have recently increased in price sharply. According to records, durian is the fruit with the highest price increase. Currently, each kilogram of Monthong type A durian costs 218,000-230,000 VND per kg, type B costs 195,000-200,000 VND, and type C is over 100,000 VND per kg. This price increased by 15% compared to the same period and previous month.
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| Prices of many agricultural products increased. Illustration |
Similar, coffee price, pepper also continuously increased. Currently, pepper prices in Ba Ria – Vung Tau province increased by 1,000 VND/kg compared to yesterday to reach 98,000 VND/kg; Binh Phuoc pepper price increased by 1,000 VND/kg compared to yesterday, to 98,000 VND/kg.
The actual developments of the coffee market are much more exciting. Coffee price today, April 23, 2024, averaged at 127,300 VND/kg, a sharp increase of +1,000 compared to the previous day. This week, domestic coffee prices increased by 7,000 VND/kg.
Many experts and businesses believe that the prices of some agricultural products have increased “beyond all imagination”. The reason for the growth is partly due to increased world market demand, especially for coffee products.
Soaring exports also pushed up prices agricultural continuously peak. The factor contributing significantly to the high export prices of many products is that the quality of Vietnamese agricultural products is increasingly improving, meeting the diverse requirements of many countries and regions.
Sharing with Industry and Trade Newspaper, some traders said the sharp increase in durian prices is due to limited supply, while the demand for export purchasing from granaries and businesses is high.
Mr. Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association, said that exporting durian to the Chinese market is very favorable. In the first two months of the year, we exported nearly 33,000 tons of durian to the world’s most populous market.
“Currently, China’s consumption demand is very large. In 2022, it will be about 4 billion USD, this year it could be up to 6 billion USD. It is forecasted that in the coming years, China can import nearly 20 billion USD. Vietnam’s durian exports will still have value in the next 20 years, the export market is still very good and the Chinese market alone is ready to cover the entire Southeast Asia region.“, Mr. Nguyen shared.
Also according to Mr. Nguyen, Vietnam has a very competitive advantage in logistics with fast shipping times and low costs. Reducing logistics costs will promote exports, thereby improving the competitiveness of Vietnamese goods.
“Vietnam has many advantages in road logistics, very convenient seaports, fast shipping times, low costs… Along with that, the Ministry of Transport is accelerating the construction progress of the North-South Expressway. The South will help with cheaper costs and faster time, helping agricultural products to compete better with other countries.” Mr. Nguyen added.
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China is also the largest import market for many types of Vietnamese agricultural products, with 11.5 billion USD last year, with durian alone being more than 2 billion USD. In addition to durian fruit, 13 other types of agricultural products are officially exported to this market, such as bird’s nests and products from bird’s nests, sweet potatoes, dragon fruit, longan, rambutan, mango, jackfruit, watermelon, banana, and mangosteen. , fabric… Forecasting for 2024, the Ministry of Agriculture and Rural Development believes that Vietnamese agricultural products will continue to reap many successes when the US, China and many Middle Eastern countries favor Vietnamese agricultural products. The impact of El Nino is expected to cause a decline in world food supply, and this is an opportunity for Vietnamese agricultural products that have a lot of room for growth such as rice, durian, coffee… |
